For Travis McMaster, the general manager of Cocoon USA, an outdoor and travel brand, ordering products from his foreign suppliers this year has been a lot like gambling.
After reading the news of a trade truce between the United States and China last week, Mr. McMaster was relieved to have finally gotten a win. He estimated that President Trump’s decision to lower tariffs on Chinese products would save him roughly $30,000 in tariff costs on a shipment the company has coming in from China this week — enough to perhaps hire another seasonal employee in the small Washington town where Cocoon is based.
